What are the lessons from nature for doing well and doing good in different environments? A hybrid perspective of microfinance and slow money

Abstract

Ten criteria derived from the evolutionary theory allow the comparison of the characteristics of hybrid organizations in India and the United States. The resulting taxonomy enables us to extrapolate management lessons based on our theory building initiative. We contribute to hybrid theory by discussing how hybrid organizations mirror nature. We extend our theoretical framework to social enterprise theory and naturological theory. Finally, we recommend strategies for hybrid organizations to enhance their resilience and balance different priorities.

Microfinance and financial inclusion: Challenges and opportunities

“…More directly on performance, we have seen that some researchers have focused on the financial performance of the institutions since this is what makes an organization sustainable (Daher & Le Saout, 2013), and efficiency leads to lower interest rates (Basharat, Hudon, & Nawaz, 2015). The resilience of microfinance institutions can improve by better communication with stakeholders and developing feedback loops, as well as retaining their niche construction strategies and cooperative ties (Jayashankar, Ashta, & Rasmussen, 2018). To improve financial performance, researchers stress on financial innovations and improved client follow‐up (Kendo, 2017) as well as strategic positioning and organizational leadership (Sayed & Ghalib, 2016).…”

Institutional Logics and the Double Bottom Line: A Study of Chikum Microfinance Bank Limited

“…This study responded to the need to examine the influence of integrated frameworks and context, the conditions under which the double bottom line goal can be achieved and the relationships between a microfinance institution and her stakeholders combining competing goals (Jayashankar et al, 2018;Zuru et al, 2016). In particular, the study investigated how Chikum MFB Ltd -a faith-backed for-profit microfinance banknavigates the potentially competing objectives of social and financial goals.…”